The EU is no longer under any illusions. “A no-deal Brexit scenario is likely”

The British House of Commons rejected the draft EU exit agreement. On Friday, March 29, 2019, the UK was supposed to formally leave the European Union. Instead, we have chaos that probably no one expected. All the worst-case scenarios are still on the table - a no-deal divorce between London and Brussels is more likely than we think. The EU itself is taking it seriously...

On Friday, British MPs rejected Theresa May's negotiated agreement with the EU for the third time. After the vote, the Prime Minister said that the consequences of the MPs' decision were “serious”.

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